15 | | - | An act relating to flood disclosures; creating s. 2 |
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16 | | - | 83.512, F.S.; requiring a landlord of residential real 3 |
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17 | | - | property to provide specified information to a 4 |
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18 | | - | prospective tenant at or before the time the rental 5 |
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19 | | - | agreement is executed; specifying how such informati on 6 |
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20 | | - | must be disclosed; defining the term "flooding"; 7 |
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21 | | - | providing that if a landlord fails to disclose flood 8 |
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22 | | - | information truthfully and a tenant suffers 9 |
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23 | | - | substantial loss or damage, the tenant may terminate 10 |
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24 | | - | the rental agreement by giving a written notice of 11 |
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25 | | - | termination and surrendering possession of the 12 |
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26 | | - | property to the landlord within a specified timeframe; 13 |
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27 | | - | defining the term "substantial loss or damage"; 14 |
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28 | | - | requiring a landlord to refund the tenant all amounts 15 |
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29 | | - | paid in advance for any period after the effective 16 |
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30 | | - | date of the termination of the rental agreement; 17 |
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31 | | - | providing that a tenant is still liable for any sum 18 |
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32 | | - | owed to the landlord before the termination of the 19 |
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33 | | - | rental agreement; amending s. 689.302, F.S.; revising 20 |
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34 | | - | the flood information that must be disclosed to 21 |
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35 | | - | prospective purchasers of residential real property; 22 |
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36 | | - | amending ss. 718.503 and 719.503, F.S.; requiring a 23 |
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37 | | - | developer of a residential condominium unit or a 24 |
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38 | | - | residential cooperative unit to provide specified 25 |
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| 15 | + | An act relating to real property and condominium flood 2 |
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| 16 | + | disclosures; creating s. 83.512, F.S.; requiring a 3 |
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| 17 | + | landlord of residential real property to provide 4 |
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| 18 | + | specified information to a prospective tenant at or 5 |
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| 19 | + | before the time the rental agreement is executed; 6 |
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| 20 | + | specifying how such information must be disclosed; 7 |
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| 21 | + | defining the term "flooding"; providing that if a 8 |
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| 22 | + | landlord fails to disclose flood information 9 |
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| 23 | + | truthfully and a tenant suffers substantial loss or 10 |
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| 24 | + | damage, the tenant may terminate the rental agreement 11 |
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| 25 | + | by giving a written notice of termination to the 12 |
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| 26 | + | landlord within a specified timeframe; defining the 13 |
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| 27 | + | term "substantial loss"; requiring a landlord to 14 |
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| 28 | + | refund the tenant all amounts paid in advance for any 15 |
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| 29 | + | period after the effective date of the termination of 16 |
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| 30 | + | the rental agreement; providing that a tenant is still 17 |
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| 31 | + | liable for any sum owed to the landlord before the 18 |
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| 32 | + | termination of the rental agreement; amending s. 19 |
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| 33 | + | 689.302, F.S.; revising the flood information that 20 |
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| 34 | + | must be disclosed to prospective purchasers of 21 |
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| 35 | + | residential real property; amending s. 718.503, F.S.; 22 |
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| 36 | + | requiring a developer of a residential condominium 23 |
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| 37 | + | unit to provide specified information to a prospective 24 |
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| 38 | + | purchaser at or before the time the sales contract is 25 |
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162 | | - | is 50 percent or more of the personal property's market value on 101 |
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163 | | - | the date the flooding occurred. 102 |
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164 | | - | (3) A landlord shall refund the tenant all re nt or other 103 |
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165 | | - | amounts paid in advance under the rental agreement for any 104 |
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166 | | - | period after the effective date of the termination of the rental 105 |
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167 | | - | agreement. 106 |
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168 | | - | (4) This section does not affect a tenant's liability for 107 |
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169 | | - | delinquent, unpaid rent or other sums owed to the landlord 108 |
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170 | | - | before the date the rental agreement was terminated by the 109 |
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171 | | - | tenant under this section. 110 |
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172 | | - | Section 2. Section 689.302, Florida Statutes, is amended 111 |
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173 | | - | to read: 112 |
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174 | | - | 689.302 Disclosure of flood risks to prospective 113 |
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175 | | - | purchaser.—A seller must complete and p rovide a flood disclosure 114 |
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176 | | - | to a purchaser of residential real property at or before the 115 |
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177 | | - | time the sales contract is executed. The flood disclosure must 116 |
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178 | | - | be made in the following form: 117 |
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179 | | - | FLOOD DISCLOSURE 118 |
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180 | | - | Flood Insurance: Homeowners' insurance policies do not 119 |
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181 | | - | include coverage for damage resulting from floods. 120 |
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182 | | - | Buyer is encouraged to discuss the need to purchase 121 |
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183 | | - | separate flood insurance coverage with Buyer's 122 |
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184 | | - | insurance agent. 123 |
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185 | | - | (1) Seller is ☐ is not ☐ aware of damage to the 124 |
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186 | | - | property caused by flooding during the Sel ler's 125 |
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| 162 | + | (1) Seller has ☐ has not ☐ filed a claim with an insurance 101 |
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| 163 | + | provider relating to flood dama ge on the property, including, 102 |
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| 164 | + | but not limited to, a claim with the National Flood Insurance 103 |
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| 165 | + | Program. 104 |
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| 166 | + | (2) Seller has ☐ has not ☐ received federal assistance for 105 |
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| 167 | + | flood damage to the property, including, but not limited to, 106 |
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| 168 | + | assistance from the Federal Emerg ency Management Agency. 107 |
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| 169 | + | (3) Seller is ☐ is not ☐ aware of damage to the property caused 108 |
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| 170 | + | by flooding during the Seller's ownership of the property. 109 |
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| 171 | + | (4)(3) For the purposes of this disclosure, the term "flooding" 110 |
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| 172 | + | means a general or temporary condition of p artial or complete 111 |
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| 173 | + | inundation of the property caused by any of the following: 112 |
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| 174 | + | (a) The overflow of inland or tidal waters. 113 |
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| 175 | + | (b) The unusual and rapid accumulation of runoff or surface 114 |
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| 176 | + | waters from any established water source, such as a river, 115 |
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| 177 | + | stream, or drainage ditch. 116 |
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| 178 | + | (c) Sustained periods of standing water resulting from 117 |
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| 179 | + | rainfall. 118 |
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| 180 | + | Section 3. Paragraph (a) of subsection (1) of section 119 |
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| 181 | + | 718.503, Florida Statutes, is amended to read: 120 |
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| 182 | + | 718.503 Developer disclosure prior to sale; nondeveloper 121 |
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| 183 | + | unit owner disclosure prior to sale; voidability. — 122 |
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| 184 | + | (1) DEVELOPER DISCLOSURE. — 123 |
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| 185 | + | (a) Contents of contracts. —Any contract for the sale of a 124 |
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| 186 | + | residential unit or a lease thereof for an unexpired term of 125 |
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199 | | - | ownership of the property. 126 |
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200 | | - | (2)(1) Seller has ☐ has not ☐ filed a claim with 127 |
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201 | | - | an insurance provider relating to flood damage on the 128 |
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202 | | - | property, including, but not limited to, a claim with 129 |
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203 | | - | the National Flood Insurance Program. 130 |
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204 | | - | (3)(2) Seller has ☐ has not ☐ received federal 131 |
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205 | | - | assistance for flood damage to the property, 132 |
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206 | | - | including, but not limited to, assistance from the 133 |
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207 | | - | Federal Emergency Management Agency. 134 |
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208 | | - | (4)(3) For the purposes of this disclosure, the 135 |
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209 | | - | term "flooding" means a general or temporary condi tion 136 |
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210 | | - | of partial or complete inundation of the property 137 |
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211 | | - | caused by any of the following: 138 |
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212 | | - | (a) The overflow of inland or tidal waters. 139 |
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213 | | - | (b) The unusual and rapid accumulation of runoff 140 |
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214 | | - | or surface waters from any established water source, 141 |
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215 | | - | such as a river, stream, or drainage ditch. 142 |
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216 | | - | (c) Sustained periods of standing water 143 |
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217 | | - | resulting from rainfall. 144 |
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218 | | - | Section 3. Paragraph (a) of subsection (1) of section 145 |
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219 | | - | 718.503, Florida Statutes, is amended to read: 146 |
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220 | | - | 718.503 Developer disclosure prior to sale; nondeveloper 147 |
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221 | | - | unit owner disclosure prior to sale; voidability. — 148 |
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222 | | - | (1) DEVELOPER DISCLOSURE. — 149 |
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223 | | - | (a) Contents of contracts. —Any contract for the sale of a 150 |
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| 199 | + | more than 5 years shall: 126 |
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| 200 | + | 1. Contain the following legend in consp icuous type: THIS 127 |
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| 201 | + | AGREEMENT IS VOIDABLE BY BUYER BY DELIVERING WRITTEN NOTICE OF 128 |
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| 202 | + | THE BUYER'S INTENTION TO CANCEL WITHIN 15 DAYS AFTER THE DATE OF 129 |
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| 203 | + | EXECUTION OF THIS AGREEMENT BY THE BUYER, AND RECEIPT BY BUYER 130 |
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| 204 | + | OF ALL OF THE ITEMS REQUIRED TO BE DELIVERED TO HIM OR HER BY 131 |
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| 205 | + | THE DEVELOPER UNDER SECTION 718.503, FLORIDA STATUTES. THIS 132 |
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| 206 | + | AGREEMENT IS ALSO VOIDABLE BY BUYER BY DELIVERING WRITTEN NOTICE 133 |
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| 207 | + | OF THE BUYER'S INTENTION TO CANCEL WITHIN 15 DAYS AFTER THE DATE 134 |
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| 208 | + | OF RECEIPT FROM THE DEVELOPER OF ANY AMENDMENT WHIC H MATERIALLY 135 |
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| 209 | + | ALTERS OR MODIFIES THE OFFERING IN A MANNER THAT IS ADVERSE TO 136 |
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| 210 | + | THE BUYER. ANY PURPORTED WAIVER OF THESE VOIDABILITY RIGHTS 137 |
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| 211 | + | SHALL BE OF NO EFFECT. BUYER MAY EXTEND THE TIME FOR CLOSING FOR 138 |
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| 212 | + | A PERIOD OF NOT MORE THAN 15 DAYS AFTER THE BUYER HAS R ECEIVED 139 |
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| 213 | + | ALL OF THE ITEMS REQUIRED. BUYER'S RIGHT TO VOID THIS AGREEMENT 140 |
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| 214 | + | SHALL TERMINATE AT CLOSING. FIGURES CONTAINED IN ANY BUDGET 141 |
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| 215 | + | DELIVERED TO THE BUYER PREPARED IN ACCORDANCE WITH THE 142 |
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| 216 | + | CONDOMINIUM ACT ARE ESTIMATES ONLY AND REPRESENT AN 143 |
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| 217 | + | APPROXIMATION OF FUTURE EXPENSES BASED ON FACTS AND 144 |
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| 218 | + | CIRCUMSTANCES EXISTING AT THE TIME OF THE PREPARATION OF THE 145 |
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| 219 | + | BUDGET BY THE DEVELOPER. ACTUAL COSTS OF SUCH ITEMS MAY EXCEED 146 |
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| 220 | + | THE ESTIMATED COSTS. SUCH CHANGES IN COST DO NOT CONSTITUTE 147 |
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| 221 | + | MATERIAL ADVERSE CHANGES IN THE OFFER ING. 148 |
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| 222 | + | 2. Contain the following caveat in conspicuous type on the 149 |
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| 223 | + | first page of the contract: ORAL REPRESENTATIONS CANNOT BE 150 |
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236 | | - | residential unit or a lease thereof for an unexpired term of 151 |
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237 | | - | more than 5 years shall: 152 |
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238 | | - | 1. Contain the following leg end in conspicuous type: 153 |
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239 | | - | 154 |
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240 | | - | THIS AGREEMENT IS VOIDABLE BY BUYER BY DELIVERING 155 |
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241 | | - | WRITTEN NOTICE OF THE BUYER'S INTENTION TO CANCEL 156 |
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242 | | - | WITHIN 15 DAYS AFTER THE DATE OF EXECUTION OF THIS 157 |
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243 | | - | AGREEMENT BY THE BUYER, AND RECEIPT BY BUYER OF ALL OF 158 |
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244 | | - | THE ITEMS REQUIRED TO BE DELIVERED TO HIM OR HER BY 159 |
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245 | | - | THE DEVELOPER UNDER SECTION 718.503, FLORIDA STATUTES. 160 |
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246 | | - | THIS AGREEMENT IS ALSO VOIDABLE BY BUYER BY DELIVERING 161 |
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247 | | - | WRITTEN NOTICE OF THE BUYER'S INTENTION TO CANCEL 162 |
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248 | | - | WITHIN 15 DAYS AFTER THE DATE OF RECEIPT FROM THE 163 |
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249 | | - | DEVELOPER OF ANY AMENDMENT WHICH MATERIALLY ALTERS OR 164 |
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250 | | - | MODIFIES THE OFFERING IN A MANNER THAT IS ADVERSE TO 165 |
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251 | | - | THE BUYER. ANY PURPORTED WAIVER OF THESE VOIDABILITY 166 |
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252 | | - | RIGHTS SHALL BE OF NO EFFECT. BUYER MAY EXTEND THE 167 |
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253 | | - | TIME FOR CLOSING FOR A PERIOD OF NOT MORE THAN 15 DAYS 168 |
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254 | | - | AFTER THE BUYER HAS RECEIVED ALL OF THE ITEMS 169 |
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255 | | - | REQUIRED. BUYER'S RIGHT TO VOID THIS AGREEMENT SHALL 170 |
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256 | | - | TERMINATE AT CLOSING. FIGURES CONTAINED IN ANY BUDGET 171 |
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257 | | - | DELIVERED TO THE BUYER PREPARED IN ACCORDANCE WITH THE 172 |
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258 | | - | CONDOMINIUM ACT ARE ESTIMATES ONLY AND REPRESENT AN 173 |
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259 | | - | APPROXIMATION OF FUTURE EXPENSES BASED ON FACTS AND 174 |
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260 | | - | CIRCUMSTANCES EXISTING AT THE TIME OF THE PREPARATION 175 |
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| 236 | + | RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE 151 |
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| 237 | + | DEVELOPER. FOR CORRECT REPRESENTATIONS, REFERENCE SHOULD BE MADE 152 |
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| 238 | + | TO THIS CONTRACT AND THE DOCUMENTS REQUIRED BY SECTION 718.503, 153 |
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| 239 | + | FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR 154 |
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| 240 | + | LESSEE. 155 |
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| 241 | + | 3. If the unit has been occupied by someone other than the 156 |
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| 242 | + | buyer, contain a statement that the unit has been occupied. 157 |
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| 243 | + | 4. If the contract is for the sale or transfer of a unit 158 |
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| 244 | + | subject to a lease, include as an exhibit a copy of the executed 159 |
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| 245 | + | lease and shall contain within the text in conspicuous type: THE 160 |
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| 246 | + | UNIT IS SUBJECT TO A LEASE (OR SUBLEASE). 161 |
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| 247 | + | 5. If the contract is for the lease of a unit for a term 162 |
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| 248 | + | of 5 years or more, include as an exhibit a copy of the proposed 163 |
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| 249 | + | lease. 164 |
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| 250 | + | 6. If the contract is for the sale or lease of a unit that 165 |
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| 251 | + | is subject to a lien for rent payable under a lease of a 166 |
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| 252 | + | recreational facility or other commonl y used facility, contain 167 |
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| 253 | + | within the text the following statement in conspicuous type: 168 |
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| 254 | + | THIS CONTRACT IS FOR THE TRANSFER OF A UNIT THAT IS SUBJECT TO A 169 |
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| 255 | + | LIEN FOR RENT PAYABLE UNDER A LEASE OF COMMONLY USED FACILITIES. 170 |
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| 256 | + | FAILURE TO PAY RENT MAY RESULT IN FORECL OSURE OF THE LIEN. 171 |
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| 257 | + | 7. State the name and address of the escrow agent required 172 |
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| 258 | + | by s. 718.202 and state that the purchaser may obtain a receipt 173 |
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| 259 | + | for his or her deposit from the escrow agent upon request. 174 |
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| 260 | + | 8. If the contract is for the sale or transfer of a unit 175 |
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318 | | - | 7. State the name and address of the escrow agent required 209 |
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319 | | - | by s. 718.202 and state that the purchaser may obtain a receipt 210 |
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320 | | - | for his or her deposit from the escrow agent upon request. 211 |
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321 | | - | 8. If the contract is for the sa le or transfer of a unit 212 |
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322 | | - | in a condominium in which timeshare estates have been or may be 213 |
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323 | | - | created, contain within the text in conspicuous type: "UNITS IN 214 |
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324 | | - | THIS CONDOMINIUM ARE SUBJECT TO TIMESHARE ESTATES. " The contract 215 |
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325 | | - | for the sale of a fee interest in a ti meshare estate shall also 216 |
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326 | | - | contain, in conspicuous type, the following: 217 |
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327 | | - | 218 |
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328 | | - | FOR THE PURPOSE OF AD VALOREM TAXES OR SPECIAL 219 |
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329 | | - | ASSESSMENTS LEVIED BY TAXING AUTHORITIES AGAINST A FEE 220 |
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330 | | - | INTEREST IN A TIMESHARE ESTATE, THE MANAGING ENTITY IS 221 |
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331 | | - | GENERALLY CONSIDERED THE TA XPAYER UNDER FLORIDA LAW. 222 |
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332 | | - | YOU HAVE THE RIGHT TO CHALLENGE AN ASSESSMENT BY A 223 |
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333 | | - | TAXING AUTHORITY RELATING TO YOUR TIMESHARE ESTATE 224 |
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334 | | - | PURSUANT TO THE PROVISIONS OF CHAPTER 194, FLORIDA 225 |
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335 | | - | |
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336 | | - | CS/CS/HB 1015 2025 |
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338 | | - | |
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339 | | - | |
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340 | | - | CODING: Words stricken are deletions; words underlined are additions. |
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341 | | - | hb1015-02-c2 |
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342 | | - | Page 10 of 18 |
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343 | | - | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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344 | | - | |
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345 | | - | |
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346 | | - | |
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347 | | - | STATUTES. 226 |
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348 | | - | 227 |
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349 | | - | 9. Contain within the text the following statement in 228 |
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350 | | - | conspicuous type: 229 |
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351 | | - | 230 |
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352 | | - | HOMEOWNERS' INSURANC E POLICIES DO NOT IN CLUDE COVERAGE 231 |
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353 | | - | FOR DAMAGE RESULTING FROM FLOODING. BUYER IS 232 |
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354 | | - | ENCOURAGED TO DISCUS S THE NEED TO PURCHA SE SEPARATE 233 |
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355 | | - | FLOOD INSURANCE COVE RAGE WITH BUYER'S IN SURANCE AGENT. 234 |
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356 | | - | 235 |
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357 | | - | DEVELOPER IS ☐ IS NOT ☐ AWARE OF DAMAGE TO THE 236 |
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358 | | - | PROPERTY OR COMMON E LEMENTS CAUSED BY FL OODING DURING 237 |
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359 | | - | THE DEVELOPER'S OWNE RSHIP OF THE PROPERT Y. 238 |
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360 | | - | 239 |
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361 | | - | DEVELOPER HAS ☐ HAS NOT ☐ FILED A CLAIM WITH AN 240 |
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362 | | - | INSURANCE PROVIDER R ELATING TO FLOOD DAM AGE ON THE 241 |
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363 | | - | PROPERTY OR COMMON E LEMENTS, INCLUDING, BUT NOT 242 |
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364 | | - | LIMITED TO, A CLAIM WITH THE NATIONAL FL OOD INSURANCE 243 |
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365 | | - | PROGRAM. 244 |
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366 | | - | 245 |
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367 | | - | DEVELOPER HAS ☐ HAS NOT ☐ RECEIVED ASSISTANCE FOR 246 |
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368 | | - | FLOOD DAMAGE TO THE PROPERTY OR COMMON E LEMENTS, 247 |
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369 | | - | INCLUDING, BUT NOT L IMITED TO, ASSISTANC E FROM THE 248 |
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370 | | - | FEDERAL EMERGENCY MA NAGEMENT AGENCY. 249 |
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371 | | - | 250 |
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372 | | - | |
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373 | | - | CS/CS/HB 1015 2025 |
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379 | | - | Page 11 of 18 |
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380 | | - | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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381 | | - | |
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382 | | - | |
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383 | | - | |
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384 | | - | FOR PURPOSES OF THIS DISCLOSURE, THE TERM "FLOODING" 251 |
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385 | | - | MEANS A GENERAL OR T EMPORARY CONDITION O F PARTIAL OR 252 |
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386 | | - | COMPLETE INUNDATION OF THE PROPERTY OR COMMON ELEMEN TS 253 |
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387 | | - | CAUSED BY THE OVERFL OW OF INLAND OR TIDA L WATERS; THE 254 |
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388 | | - | UNUSUAL AND RAPID AC CUMULATION OF RUNOFF OR SURFACE 255 |
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389 | | - | WATERS FROM ANY ESTA BLISHED WATER SOURCE , SUCH AS A 256 |
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390 | | - | RIVER, STREAM, OR DR AINAGE DITCH; OR SUS TAINED PERIODS 257 |
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391 | | - | OF STANDING WATER RE SULTING FROM RAINFAL L. 258 |
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392 | | - | Section 4. Paragraph (a) of subsection (1) of section 259 |
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393 | | - | 719.503, Florida Statutes, is amended to read: 260 |
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394 | | - | 719.503 Disclosure prior to sale. — 261 |
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395 | | - | (1) DEVELOPER DISCLOSURE. — 262 |
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396 | | - | (a) Contents of contracts. —Any contracts for the sale of a 263 |
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397 | | - | unit or a lease thereof for an unexpired term of more than 5 264 |
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398 | | - | years shall contain: 265 |
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399 | | - | 1. The following legend in conspicuous type: 266 |
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400 | | - | 267 |
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401 | | - | THIS AGREEMENT IS VOIDABLE BY BUYER BY DELIVERING 268 |
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402 | | - | WRITTEN NOTICE OF THE BUYER'S INTENTION TO CANCEL 269 |
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403 | | - | WITHIN 15 DAYS AFTER THE D ATE OF EXECUTION OF THIS 270 |
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404 | | - | AGREEMENT BY THE BUYER, AND RECEIPT BY BUYER OF ALL OF 271 |
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405 | | - | THE ITEMS REQUIRED TO BE DELIVERED TO HIM OR HER BY 272 |
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406 | | - | THE DEVELOPER UNDER SECTION 719.503, FLORIDA STATUTES. 273 |
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407 | | - | THIS AGREEMENT IS ALSO VOIDABLE BY BUYER BY DELIVERING 274 |
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408 | | - | WRITTEN NOTICE OF THE BUYER'S INTENTION TO CANCEL 275 |
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409 | | - | |
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410 | | - | CS/CS/HB 1015 2025 |
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417 | | - | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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418 | | - | |
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419 | | - | |
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420 | | - | |
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421 | | - | WITHIN 15 DAYS AFTER THE DATE OF RECEIPT FROM THE 276 |
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422 | | - | DEVELOPER OF ANY AMENDMENT WHICH MATERIALLY ALTERS OR 277 |
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423 | | - | MODIFIES THE OFFERING IN A MANNER THAT IS ADVERSE TO 278 |
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424 | | - | THE BUYER. ANY PURPORTED WAIVER OF THESE VOIDABILITY 279 |
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425 | | - | RIGHTS SHALL BE OF NO EFFECT. BUYER MAY EXTEND THE 280 |
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426 | | - | TIME FOR CLOSING FOR A PERIOD OF NOT MORE THAN 15 DAYS 281 |
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427 | | - | AFTER THE BUYER HAS RECEIVED ALL OF THE ITEMS 282 |
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428 | | - | REQUIRED. BUYER'S RIGHT TO VOID THIS AGREEMENT SHALL 283 |
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429 | | - | TERMINATE AT CLOSING. FIGURES CONTAINED IN ANY BUDGET 284 |
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430 | | - | DELIVERED TO THE BUYER PREPARED IN ACCORDANCE WITH THE 285 |
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431 | | - | COOPERATIVE ACT ARE ESTIMATES ONLY AND REPRESENT AN 286 |
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432 | | - | APPROXIMATION OF FUTURE EXPENSES BASED ON FACTS AND 287 |
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433 | | - | CIRCUMSTANCES EXISTING AT THE TIME OF THE PREPARATION 288 |
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434 | | - | OF THE BUDGET BY THE DEVELOPER. ACTUAL COSTS OF SU CH 289 |
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435 | | - | ITEMS MAY EXCEED THE ESTIMATED COSTS. SUCH CHANGES IN 290 |
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436 | | - | COST DO NOT CONSTITUTE MATERIAL ADVERSE CHANGES IN THE 291 |
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437 | | - | OFFERING. 292 |
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438 | | - | 293 |
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439 | | - | 2. The following caveat in conspicuous type shall be 294 |
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440 | | - | placed upon the first page of the contract: 295 |
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441 | | - | 296 |
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442 | | - | ORAL REPRESENTATIONS CANNOT BE RE LIED UPON AS 297 |
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443 | | - | CORRECTLY STATING THE REPRESENTATIONS OF THE 298 |
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444 | | - | DEVELOPER. FOR CORRECT REPRESENTATIONS, REFERENCE 299 |
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445 | | - | SHOULD BE MADE TO THIS CONTRACT AND THE DOCUMENTS 300 |
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446 | | - | |
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447 | | - | CS/CS/HB 1015 2025 |
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448 | | - | |
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450 | | - | |
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453 | | - | Page 13 of 18 |
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454 | | - | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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455 | | - | |
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456 | | - | |
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457 | | - | |
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458 | | - | REQUIRED BY SECTION 719.503, FLORIDA STATUTES, TO BE 301 |
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459 | | - | FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE . 302 |
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460 | | - | 303 |
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461 | | - | 3. If the unit has been occupied by someone other than the 304 |
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462 | | - | buyer, a statement that the unit has been occupied. 305 |
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463 | | - | 4. If the contract is for the sale or transfer of a unit 306 |
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464 | | - | subject to a lease, the contract shall include as an exhibit a 307 |
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465 | | - | copy of the executed lease and shall contain within the text in 308 |
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466 | | - | conspicuous type: "THE UNIT IS SUBJECT TO A LEASE (OR 309 |
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467 | | - | SUBLEASE)." 310 |
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468 | | - | 5. If the contract is for the lease of a unit for a term 311 |
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469 | | - | of 5 years or more, the contract shall include as an exhibit a 312 |
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470 | | - | copy of the proposed l ease. 313 |
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471 | | - | 6. If the contract is for the sale or lease of a unit that 314 |
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472 | | - | is subject to a lien for rent payable under a lease of a 315 |
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473 | | - | recreational facility or other common areas, the contract shall 316 |
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474 | | - | contain within the text the following statement in conspicuous 317 |
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475 | | - | type: "THIS CONTRACT IS FOR THE TRANSFER OF A UNIT THAT IS 318 |
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476 | | - | SUBJECT TO A LIEN FOR RENT PAYABLE UNDER A LEASE OF COMMON 319 |
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477 | | - | AREAS. FAILURE TO PAY RENT MAY RESULT IN FORECLOSURE OF THE 320 |
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478 | | - | LIEN." 321 |
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479 | | - | 7. The contract shall state the name and address of the 322 |
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480 | | - | escrow agent required by s. 719.202 and shall state that the 323 |
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481 | | - | purchaser may obtain a receipt for his or her deposit from the 324 |
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482 | | - | escrow agent, upon request. 325 |
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483 | | - | |
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484 | | - | CS/CS/HB 1015 2025 |
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485 | | - | |
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486 | | - | |
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487 | | - | |
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488 | | - | CODING: Words stricken are deletions; words underlined are additions. |
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489 | | - | hb1015-02-c2 |
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490 | | - | Page 14 of 18 |
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491 | | - | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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492 | | - | |
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493 | | - | |
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494 | | - | |
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495 | | - | 8. If the contract is for the sale or transfer of a unit 326 |
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496 | | - | in a cooperative in which timeshare estates have been or may be 327 |
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497 | | - | created, the following text in conspicuous type: "UNITS IN THIS 328 |
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498 | | - | COOPERATIVE ARE SUBJECT TO TIMESHARE ESTATES. " The contract for 329 |
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499 | | - | the sale of a timeshare estate must also contain, in conspicuous 330 |
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500 | | - | type, the following: 331 |
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501 | | - | 332 |
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502 | | - | FOR THE PURPOSE OF AD VALOREM TAXES OR S PECIAL 333 |
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503 | | - | ASSESSMENTS LEVIED BY TAXING AUTHORITIES AGAINST A 334 |
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504 | | - | TIMESHARE ESTATE, THE MANAGING ENTITY IS GENERALLY 335 |
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505 | | - | CONSIDERED THE TAXPAYER UNDER FLORIDA LAW. YOU HAVE 336 |
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506 | | - | THE RIGHT TO CHALLENGE AN ASSESSMENT BY A TAXING 337 |
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507 | | - | AUTHORITY RELATING TO YOUR TIMESHARE ESTATE PU RSUANT 338 |
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508 | | - | TO THE PROVISIONS OF CHAPTER 194, FLORIDA STATUTES. 339 |
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509 | | - | 340 |
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510 | | - | 9. Contain within the text the following statement in 341 |
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511 | | - | conspicuous type: 342 |
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512 | | - | 343 |
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513 | | - | HOMEOWNERS' INSURANC E POLICIES DO NOT IN CLUDE COVERAGE 344 |
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514 | | - | FOR DAMAGE RESULTING FROM FLOODING. BUYER IS 345 |
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515 | | - | ENCOURAGED TO DISCUS S THE NEED TO PURCHASE SEPARATE 346 |
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516 | | - | FLOOD INSURANCE COVE RAGE WITH BUYER'S IN SURANCE AGENT. 347 |
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517 | | - | 348 |
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518 | | - | DEVELOPER IS ☐ IS NOT ☐ AWARE OF DAMAGE TO THE 349 |
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519 | | - | PROPERTY OR COMMON E LEMENTS CAUSED BY FL OODING DURING 350 |
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520 | | - | |
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521 | | - | CS/CS/HB 1015 2025 |
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522 | | - | |
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523 | | - | |
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524 | | - | |
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525 | | - | CODING: Words stricken are deletions; words underlined are additions. |
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526 | | - | hb1015-02-c2 |
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527 | | - | Page 15 of 18 |
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528 | | - | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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529 | | - | |
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530 | | - | |
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531 | | - | |
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532 | | - | THE DEVELOPER'S OWNE RSHIP OF THE PROPERT Y. 351 |
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533 | | - | 352 |
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534 | | - | DEVELOPER HAS ☐ HAS NOT ☐ FILED A CLAIM WITH AN 353 |
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535 | | - | INSURANCE PROVIDER R ELATING TO FLOOD DAM AGE ON THE 354 |
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536 | | - | PROPERTY OR COMMON E LEMENTS, INCLUDING, BUT NOT 355 |
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537 | | - | LIMITED TO, A CLAIM WITH THE NATIONAL FL OOD INSURANCE 356 |
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538 | | - | PROGRAM. 357 |
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539 | | - | 358 |
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540 | | - | DEVELOPER HAS ☐ HAS NOT ☐ RECEIVED ASSISTANCE FOR 359 |
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541 | | - | FLOOD DAMAGE TO THE PROPERTY OR COMMON E LEMENTS, 360 |
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542 | | - | INCLUDING, BUT NOT L IMITED TO, ASSISTANC E FROM THE 361 |
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543 | | - | FEDERAL EMERGENCY MA NAGEMENT AGENCY. 362 |
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544 | | - | 363 |
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545 | | - | FOR PURPOSES OF THIS DISCLOSURE, THE TERM "FLOODING" 364 |
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546 | | - | MEANS A GENERAL OR T EMPORARY CONDITION O F PARTIAL OR 365 |
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547 | | - | COMPLETE INUNDATION OF THE PROPERTY OR C OMMON ELEMENTS 366 |
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548 | | - | CAUSED BY THE OVERFL OW OF INLAND OR TIDA L WATERS; THE 367 |
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549 | | - | UNUSUAL AND RAPID AC CUMULATION OF RUNOFF OR SURFACE 368 |
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550 | | - | WATERS FROM ANY ESTA BLISHED WATER SOURCE , SUCH AS A 369 |
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551 | | - | RIVER, STREAM, OR DR AINAGE DITCH; OR SUSTAINED PER IODS 370 |
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552 | | - | OF STANDING WATER RE SULTING FROM RAINFAL L. 371 |
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553 | | - | Section 5. Subsection (6) is added to section 723.011, 372 |
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554 | | - | Florida Statutes, to read: 373 |
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555 | | - | 723.011 Disclosure prior to rental of a mobile home lot; 374 |
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556 | | - | prospectus, filing, approval. — 375 |
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557 | | - | |
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558 | | - | CS/CS/HB 1015 2025 |
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559 | | - | |
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560 | | - | |
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561 | | - | |
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562 | | - | CODING: Words stricken are deletions; words underlined are additions. |
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563 | | - | hb1015-02-c2 |
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564 | | - | Page 16 of 18 |
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565 | | - | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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566 | | - | |
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567 | | - | |
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568 | | - | |
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569 | | - | (6)(a) A mobile home park owner must complete and provide 376 |
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570 | | - | a flood disclosure to a prospective lessee of a mobile home lot. 377 |
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571 | | - | Such disclosure must be provided before the execution of the lot 378 |
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572 | | - | rental agreement or at the time of occupancy, whichever occurs 379 |
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573 | | - | first. The flood disclosure must be in a separate document from 380 |
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574 | | - | the lot rental agreement. The flood disclosure must be made in 381 |
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575 | | - | substantially the following form: 382 |
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576 | | - | 383 |
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577 | | - | FLOOD DISCLOSURE 384 |
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578 | | - | Flood Insurance: Homeowners' and renters' insurance 385 |
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579 | | - | policies do not include coverage for dam age resulting 386 |
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580 | | - | from floods. You are encouraged to discuss the need to 387 |
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581 | | - | purchase separate flood insurance coverage with your 388 |
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582 | | - | insurance agent. 389 |
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583 | | - | 1. The mobile home park owner is ☐ is not ☐ 390 |
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584 | | - | aware of damage to the property caused by flooding 391 |
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585 | | - | during the mobile ho me park owner's ownership of the 392 |
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586 | | - | property. 393 |
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587 | | - | 2. The mobile home park owner has ☐ has not ☐ 394 |
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588 | | - | filed a claim with an insurance provider relating to 395 |
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589 | | - | flood damage to the property, including, but not 396 |
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590 | | - | limited to, a claim with the National Flood Insurance 397 |
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591 | | - | Program. 398 |
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592 | | - | 3. The mobile home park owner has ☐ has not ☐ 399 |
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593 | | - | received assistance for flood damage to the property, 400 |
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594 | | - | |
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595 | | - | CS/CS/HB 1015 2025 |
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596 | | - | |
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597 | | - | |
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598 | | - | |
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599 | | - | CODING: Words stricken are deletions; words underlined are additions. |
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600 | | - | hb1015-02-c2 |
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601 | | - | Page 17 of 18 |
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602 | | - | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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603 | | - | |
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604 | | - | |
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605 | | - | |
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606 | | - | including, but not limited to, assistance from the 401 |
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607 | | - | Federal Emergency Management Agency. 402 |
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608 | | - | 4. For purposes of this disclosure, the term 403 |
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609 | | - | "flooding" means a general or temporary condition of 404 |
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610 | | - | partial or complete inundation of the property caused 405 |
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611 | | - | by any of the following: 406 |
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612 | | - | a. The overflow of inland or tidal waters. 407 |
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613 | | - | b. The unusual and rapid accumulation of runoff 408 |
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614 | | - | or surface waters from any established water sou rce, 409 |
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615 | | - | such as a river, stream, or drainage ditch. 410 |
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616 | | - | c. Sustained periods of standing water resulting 411 |
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617 | | - | from rainfall. 412 |
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618 | | - | 413 |
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619 | | - | (b) If a mobile home park owner violates this section and 414 |
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620 | | - | a lessee suffers a substantial loss or damage to the lessee's 415 |
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621 | | - | mobile home or personal property as a result of flooding, the 416 |
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622 | | - | lessee may terminate the lot rental agreement by giving a 417 |
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623 | | - | written notice of termination to the mobile home park owner no 418 |
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624 | | - | later than 30 days after the date of the damage or loss. 419 |
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625 | | - | Termination of a lot rental agreem ent under this section is 420 |
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626 | | - | effective when the requirements of s. 723.023(5) are met. For 421 |
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627 | | - | purposes of this paragraph, the term "substantial loss or 422 |
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628 | | - | damage" means the total cost of repairs to or replacement of the 423 |
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629 | | - | mobile home and personal property is 50 perce nt or more of the 424 |
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630 | | - | mobile home's and personal property's market value on the date 425 |
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631 | | - | |
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632 | | - | CS/CS/HB 1015 2025 |
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633 | | - | |
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635 | | - | |
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638 | | - | Page 18 of 18 |
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639 | | - | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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640 | | - | |
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641 | | - | |
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642 | | - | |
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643 | | - | the flooding occurred. 426 |
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644 | | - | (c) A mobile home park owner shall refund the lessee all 427 |
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645 | | - | rent or other amounts paid in advance under the lot rental 428 |
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646 | | - | agreement for any period after the effective date of the 429 |
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647 | | - | termination of the lot rental agreement. 430 |
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648 | | - | (d) This section does not affect a lessee's liability 431 |
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649 | | - | for delinquent, unpaid rent or other sums owed to the 432 |
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650 | | - | mobile home park owner before the date the lot rental 433 |
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651 | | - | agreement was terminated by the lessee under this 434 |
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652 | | - | subsection. 435 |
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653 | | - | Section 6. This act shall take effect October 1, 2025. 436 |
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| 318 | + | FOR THE PURPOSES OF THIS DISCLOSURE, THE TERM "FL OODING" MEANS A 209 |
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| 319 | + | GENERAL OR TEMPORARY CONDITION OF PARTIAL OR COMPLETE INUNDA TION 210 |
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| 320 | + | OF THE PROPERTY OR C OMMON ELEMENTS CAUSE D BY THE OVERFLOW OF 211 |
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| 321 | + | INLAND OR TIDAL WATE RS; THE UNUSUAL AND RAPID ACCUMULATION O F 212 |
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| 322 | + | RUNOFF OR SURFACE WA TERS FROM ANY ESTABLISHED WATER SOURCE, SUCH 213 |
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| 323 | + | AS A RIVER, STREAM, OR DRAINAGE DITCH; O R SUSTAINED PERIODS OF 214 |
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| 324 | + | STANDING WATER RESUL TING FROM RAINFALL. 215 |
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| 325 | + | Section 4. This act shall take effect October 1, 2025. 216 |
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